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January 20, 2023 02:57 PM IST Budget 2023 expectations: Lenders operating in the fintech space pitch for easing of taxes alongside special budgetary allocations for the sector to grow.
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January 04, 2023 11:07 AM IST The framework will enable state-run banks to access the broad network of fintech companies' resources, lowering their own costs associated with obtaining loans and making ad hoc investments in expensive platforms or technology.
- December 28, 2022 01:44 PM IST
Investors into the country’s fintech space that has drawn heavyweights from Warren Buffett’s Berkshire Hathaway Inc. to Masayoshi Son’s SoftBank Group Corp., in the past few years, are getting more diligent as global financial conditions tighten. That has intensified the competition for capital, Pozhath said.
- December 06, 2022 07:58 PM IST
The main advantage of digital lending is easy access via mobile devices, and less paperwork and eligibility checks than in a traditional bank
- October 11, 2022 02:30 PM IST
Collaboration between banks and fintechs is the new normal in the banking space. Indeed, rather than competing with each other, it makes eminent sense for the two sides to combine their respective strengths and play the market together, say industry players
- September 23, 2022 01:03 PM IST
The Indian Wealth Management industry has seen a surge in the number of high net worth individuals and foresees strong economic growth. What led the industry to witness a massive change in customer demographics? In this video, we talk about the big emerging trends in the wealth management space and the stocks that are likely to gain on the back of these trends.
- September 20, 2022 06:52 PM IST
Our specially curated package of the most interesting articles to help you stay at the top of your game
- September 12, 2022 04:57 PM IST
BoB was the third-largest UPI remitter bank in India in August with 43.25 crore transactions conducted on the bank’s servers during the month
- September 06, 2022 02:55 PM IST
The merged entity would be known as Shriram Finance, with AUM of over Rs 1.5 lakh crore, and a distribution network of over 3,500 branches.
- August 06, 2022 06:43 AM IST
A 50 bps rate hike may seem hawkish, but it was required to control inflation, South Indian Bank MD & CEO Murali Ramakrishnan said
- August 05, 2022 12:42 PM IST
Although outsourcing of a permissible activity is an operational decision of the lender, it exposes them to various risks, the RBI said
- July 22, 2022 12:43 PM IST
Shaktikanta Das' comments come after the RBI said that loading of credit lines on to prepaid payment instruments (PPIs) is prohibited, a model adopted by many fintechs. RBI to come up with digital lending guidelines within a few weeks, he added.
- July 19, 2022 09:02 AM IST
According to people aware of the matter, the central bank has already held discussions with stakeholders on various issues.
- May 18, 2022 03:40 PM IST
A group of fintechs have smelled an opportunity in the financial services market that focus on children, which is largely under-penetrated. Many firms like Muvin and Pencilton have already launched products like pre-paid cards, and many have either raised funds or are planning to do so to tap the market.
- April 28, 2022 06:30 PM IST
Executive director Anup Bagchi said banks may soon start to lend to MSMEs based on their cashflows and not on their solvency, thanks to the rapid adoption of digital services.
- April 08, 2022 03:05 PM IST
RBI monetary policy | The bank will soon issue guidelines on digital lending after going through around 650 suggestions it had received, says RBI
- April 06, 2022 06:50 PM IST
The bank is looking to invest nearly Rs 1,000 crore in building and upgrading its digital technology in the present fiscal, as per management.
- March 17, 2022 06:27 PM IST
India ranked third in terms of the number of start-ups joining the unicorn club in 2021, next only to the US and China.
- December 09, 2021 07:51 PM IST
Kamath said startup founders should raise funds only when required and not just because it is available. Kamath and PB Fintech founder Yashish Dahiya were speaking at Razorpay’s annual event on the future of fintech IPOs.
- September 07, 2021 09:28 AM IST
The AA system will disrupt banking as we know it. But it is not all threat to banks, they have new opportunities too
- June 27, 2021 09:00 AM IST
Using their wide network and technology, finetch firms are helping villagers register on CoWin. Their banking correspondents are spreading awareness and also encouraging people to get vaccinated against coronavirus
- December 24, 2020 05:38 PM IST
The difficulty borrowers face in repaying their loans is forcing many fintech lending startups to restructure loans and show them as ‘standard assets’ as the year draws to a close.
- August 26, 2020 12:42 PM IST
Startups like FamPay and Slice are coming up with products tailored for students and young professionals. Can they get these consumers to stick around and expand their product suite as they grow up?
- August 19, 2020 11:57 AM IST
Credit cards gain popularity as startups work out innovative solutions with banks to expand the user base. Can new-age private banks corner a larger market share through these partnerships?
- June 19, 2020 11:19 AM IST
When you borrow, you’ve got to repay. But lenders cannot humiliate you and use aggressive methods for recovery
